Jul 18, 2019-Thursday

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Thursday, Jul 18, 2019
news about Basis point
Jul 05, 2019 16:53
The administration will set the budget deficit target for the current fiscal year at 3.3% of gross domestic product, according to people familiar with the matter. That’s lower than the 3.4% estimated in February’s interim plan. read more
Jul 05, 2019 09:04
The Economic Survey gives a wealth of information, both in terms of analysis and statistics, about the economy. Here are four key themes that will help us gain a better understanding of what lies ahead for the next year. read more
Jun 06, 2019 12:21
The meeting, first after the Lok Sabha elections, also decided to set up a committee involving all stakeholders, under the chairmanship of CEO Indian Banks’ Association (IBA), to examine the entire gamut of ATM charges and fees. read more
Jun 06, 2019 09:41
The six-member monetary policy committee led by Governor Shaktikanta Das will reduce the repurchase rate by 25 basis points to 5.75% on Thursday, say 31 of 43 economists surveyed by Bloomberg, while three are penciling in a 50 basis points cut. read more
Apr 12, 2019 23:21
India’s factory output growth dropped to a 20-month low in February in a worrying sign for the country’s growth prospects, while retail inflation accelerated in March but remained within the central bank’s comfort zone, creating room for more interest... read more
Apr 10, 2019 12:18
SBI’s marginal rate cut of 5 bps comes after the Reserve Bank of India’s consecutive rate cut by 50 bps in the February and April monetary policy. read more
Apr 09, 2019 12:01
Bankers say that there has been 12-18% rise in the used car loans as well. If you are also planning to buy a used car, here are a few things that you need to focus on. read more
Apr 04, 2019 12:00
The key benchmark rate at 6% and the MPC has maintain the neutral monetary policy stance read more
Feb 12, 2019 17:58
Retail inflation declined from 2.19 per cent in December last year to 2.05 per cent in January this year, according to the data released by the Central Statistics Office (CSO) on Tuesday. read more
Feb 07, 2019 11:56
The four of the six members of the monetary policy committee voted to cut rates while all six voted for a change in the stance. read more
Feb 02, 2019 14:35
The fiscal deficit for the current financial year is likely to be around 3.4% of gross domestic product (GDP), marginally higher than the targeted 3.3%. read more
Sep 07, 2018 16:46
India’s short-term debt obligations, which included non-resident deposits as well as overseas commercial borrowings by companies, totaled $217.6 billion in 2017. read more
Jul 12, 2018 18:25
Analysts had forecast June’s annual increase in the consumer price index at 5.30%, compared with May’s 4.87%. The forecasts for June ranged from 4.60% to 6%. read more
Jun 12, 2018 17:43
Consumer price (CPI) inflation in May rose for the seventh straight month, remaining higher than the central bank’s medium-term target of 4%. read more
Jun 06, 2018 23:01
This is the first time RBI has hiked the repo rate since January 2014, making it the first increase during the Narendra Modi government’s regime. The policy rate was 6.25% till August 2017, when RBI had cut it by 25 basis points. read more